Author: PPD Team Date: 04/12/2024
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Ministry of Coal awards Rs 85 billion for coal gasification projects
Author: PPD Team Date: 13/02/2025 The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per annum (mtpa) coal gasification project in Angul, Odisha, aimed at producing direct reduced iron (DRI) and implementing carbon capture for carbon dioxide utilization. New Era Cleantech Solution Private…
KEC International and Transrail Lighting secure Rs 14.76 billion orders
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Poland finalizes energy storage subsidy program for 5 GWh deployment
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EIB grants €225 million loan for Prologis solar energy project
Author: PPD Team Date: 16/12/2024 The European Investment Bank (EIB) has approved a €225 million framework loan to Prologis to support its initiative to generate electricity from low-carbon sources. The project involves installing rooftop solar panels and battery storage systems at Prologis logistics centers across Western and Central Europe, including Germany, Belgium, Italy, France, Spain, the Netherlands, and Poland. The initiative aims to reduce carbon emissions, enhance energy security, and enable surplus energy to be…
Ministry of Coal awards Rs 85 billion for coal gasification projects
Author: PPD Team Date: 13/02/2025 The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per annum (mtpa) coal gasification project in Angul, Odisha, aimed at producing direct reduced iron (DRI) and implementing carbon capture for carbon dioxide utilization. New Era Cleantech Solution Private…
KEC International and Transrail Lighting secure Rs 14.76 billion orders
Author: PPD Team Date: 03/04/2025 KEC International Limited has secured new orders worth Rs 12.36 billion across its transmission, substation, and cable businesses. The company won contracts for transmission line and substation projects in the Middle East, covering the UAE and Kuwait. It also secured a substation order from a private player under tariff-based competitive bidding in India. Additionally, KEC received orders for supplying various types of cables in both domestic and international markets. Meanwhile,…
Poland finalizes energy storage subsidy program for 5 GWh deployment
Author: PPD Team Date: 18/03/2025 Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of the Republic of Poland on March 7, setting the stage for the National Fund for Environmental Protection and Water Management to launch the subsidy scheme by the end of Q1…
NTPC announces auction results for 1,200 MW hybrid projects
Author: PPD Team Date: 02/01/2025 NTPC Limited has declared the results for its 1,200 MW wind-solar hybrid (Hybrid 02) ISTS-connected projects, with an additional greenshoe option of up to 600 MW. JSP Green (Jindal Renewables): 350 MW at Rs 3.38 per kWh. Adyant Enersol (Datta Infra): 150 MW at Rs 3.44 per kWh. Green Prairie Energy IV (EverGreen Power): 200 MW at Rs 3.44 per kWh. AMPIN Energy Utility: 150 MW at Rs 3.44 per…
Kochi Metro plans two solar power projects in Kerala
Author: PPD Team Date: 30/01/2025 Kochi Metro Rail Limited (KMRL) has identified land for two solar power projects in the Alappuzha and Kasargod districts of Kerala. The Kasargod project will be developed on approximately 50 acres of land, expected to be acquired soon. The Alappuzha project will be set up on 90 acres of land in Kuttanad, with KMRL currently in talks with the Kerala Forest Department to secure land approval. Both projects are expected…
EIB grants €225 million loan for Prologis solar energy project
Author: PPD Team Date: 16/12/2024 The European Investment Bank (EIB) has approved a €225 million framework loan to Prologis to support its initiative to generate electricity from low-carbon sources. The project involves installing rooftop solar panels and battery storage systems at Prologis logistics centers across Western and Central Europe, including Germany, Belgium, Italy, France, Spain, the Netherlands, and Poland. The initiative aims to reduce carbon emissions, enhance energy security, and enable surplus energy to be…
Ministry of Coal awards Rs 85 billion for coal gasification projects
Author: PPD Team Date: 13/02/2025 The Ministry of Coal has issued letters of award (LoAs) under Category II of the Rs 85 billion coal gasification incentive scheme (CGIS) to selected applicants. Jindal Steel and Power Limited was awarded Rs 5.69 billion for a 2 million tonnes per annum (mtpa) coal gasification project in Angul, Odisha, aimed at producing direct reduced iron (DRI) and implementing carbon capture for carbon dioxide utilization. New Era Cleantech Solution Private…